Investing in Dubai's waterfront: options to suit your budget
Buying a beachfront property in Dubai is the ultimate goal for many real estate investors. But in Dubai, prices vary greatly from one neighborhood to another, and not all beachfront properties are created equal. In this article, we help you see things more clearly. By the end of this article, you will know the neighborhoods in which it is possible to invest in beachfront property in Dubai, as well as the price ranges.
Dubai Islands
Location and accessibility
The Dubai Islands are located north of the city of Dubai, approximately 20 minutes from Downtown and DIFC. The Dubai Islands are currently accessible via a bridge, and additional bridges are currently under construction.
Neighborhood life
You will find more than 20 kilometers of beach, some of which are already operational, as well as a superb marina. The neighborhood is currently an open-air construction site, but development is progressing at a rapid pace. Once completed, Dubai Islands will feature two golf courses, a huge shopping mall, dozens of hotels, luxury residences, and villa communities.
Developers The most active developers on the Dubai Islands are Imtiaz, Ellington Properties, Nakheel, and Beyond.
Apartment prices
1 bedroom: AED 1.5 to 4 million
2 bedrooms: AED 2.5 to 8 million
3 bedrooms: AED 3.5 to 12 million
Maritime City
Location and accessibility
Dubai Maritime City is located north of Dubai city, approximately 10 minutes from Dubai's financial center and 15 minutes from Downtown. The neighborhood is easily accessible by road, and a metro project is currently under consideration.
Neighborhood life
In the Maritime neighborhood, you will find residences ranging from 5 to 40 stories, some with magnificent sea views. One of the country's most beautiful marinas is already operational. Eventually, office towers, a shopping center, restaurants, schools, and hospitals are planned. The neighborhood is currently under construction, but development is progressing at a very good pace and the first deliveries are underway.
Developers The most active developers in Maritime City are Emaar, Beyond, Select Group, and Damac.
Apartment prices
1 bedroom: AED 1.5 to 3 million
2 bedrooms: AED 2.5 to 6 million
3 bedrooms: AED 3.5 to 8 million
Dubai Harbour
Location and accessibility
The Dubai Harbor neighborhood is located between Palm Jumeirah and Dubai Marina. It takes about 25 minutes to reach Downtown from Dubai Harbor. A bridge is currently under construction to directly connect Sheikh Zayed Road, Dubai's main highway, and Dubai Harbor.
Neighborhood life
Once development is complete, Dubai Harbour will undoubtedly be one of the most pleasant neighborhoods in Dubai. With long seaside promenades, a large marina with yachts, shops, restaurants, and private beaches, Dubai Harbour will offer every comfort.
Developers
The developers currently present at Dubai Harbour are Emaar, H and H, Arada, Damac, and Sobha.
Apartment prices
1 bedroom: AED 2 to 4 million
2 bedrooms: AED 3 to 7 million
3 bedrooms: AED 5 to 15 million
Palm Jumeirah
Location and accessibility
Palm Jumeirah is located south of Dubai and is easily accessible via Sheikh Zayed Road. Palm Jumeirah is also easily accessible by bus and has its own monorail.
neighborhood life This iconic Dubai neighborhood is home to dozens of luxury hotels and residences, numerous beach clubs, a large shopping mall, a park, and sports facilities.
Developers The most active developers on Palm Jumeirah are Nakheel, Omniyat, and Beyond.
Apartment prices
1 bedroom: AED 2 to 6 million
2 bedrooms: AED 3 to 30 million
3 bedrooms: AED 5 to 100 million
Palm Jebel Ali
Location and accessibility
Palm Jebel Ali is located south of Dubai, approximately 20 minutes from Dubai Marina, and is easily accessible via Sheikh Zayed Road. Palm Jebel Ali will eventually be accessible by public transportation.
Neighborhood life
Palm Jebel Ali is an improved version of Palm Jumeirah. More than twice as large, Palm Jebel Ali will have three main access points instead of one, and will feature luxury hotels and residences, shopping centers, and several marinas.
Developers
The most active developers on Palm Jebel Ali will be Nakheel, Aldar, Ellington Properties, Omniyat, and Select Group.
Apartment prices
1 bedroom: AED 2.5 to 4 million
2 bedrooms: AED 4 to 7 million
3 bedrooms: AED 6 to 15 million
Jumeirah Beach Residence (JBR)
Location and accessibility
JBR is located in the south of Dubai, right next to Dubai Marina. The neighborhood is easily accessible via Sheikh Zayed Road, by metro, bus, and tram.
Neighborhood life
The JBR neighborhood is very popular with tourists because of its direct access to the sea. You will find both public and private beaches, as well as luxury hotels. Hundreds of shops and restaurants operate in JBR.
Developers
The most active developers in JBR are Nakheel and Meraas.
Apartment prices
1 bedroom: AED 15,000 to 60,000
2 bedrooms: AED 20,000 to 100,000
3 bedrooms: AED 40,000 to 150,000
Guillaume Giroux, Dubai Immo founder and real estate expert, Dubai, UAE
As founder of the Dubai Immo Group and a real estate investor, I bring you daily updates on the Dubai market. My aim is to provide you with all the keys you need to invest wisely and securely, by sharing my in-depth analysis and strategic advice.
